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Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’

After raising $1.7 billion for his new robotics company Atoms, Travis Kalanick is introspective about the role VCs have played in his career.
Travis Kalanick certainly has had a love-hate relationship with VCs over his career. As the founder of Uber he was a VC darling, raising what was then an unprecedented roughly $15 billion in venture funding during his tenure. Then, a boardroom battle with key investor Bill Gurley of venture firm Benchmark led to him being pushed out in 2017. Now, he’s back raising mega funds for his robotics company Atoms, which just nabbed $1.7 billion, led by Andreessen Horowitz, with Ben Horowitz joining the company’s board. In an episode…
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